World - Linseed Oil - Market Analysis, Forecast, Size, Trends and Insights
Which Country Produces the Most Linseed Oil in the World?
In 2015, the countries with the highest levels of linseed oil production were China (X thousand tonnes), Belgium (X thousand tonnes), the United States (X thousand tonnes), together accounting for X% of total output.
From 2007 to 2015, the most notable growth rates of linseed oil production among the main producing countries was attained by China (+X% per year), while the other global leaders experienced more modest paces of growth.
Top X Linseed Oil Producing Countries in the World
X. China (X Tonnes)
X. Belgium (X Tonnes)
X. United States (X Tonnes)
X. Turkey (X Tonnes)
X. Germany (X Tonnes)
X. Ethiopia (X Tonnes)
X. India (X Tonnes)
X. Poland (X Tonnes)
X. Canada (X Tonnes)
X. Italy (X Tonnes)
Global Linseed Oil Production
Global linseed oil production amounted to X thousand tonnes in 2015, rising by +X% against the previous year level. Overall, the global linseed oil output pursued a pronounced growth from 2007 to 2015. The trend pattern, however, indicated some noticable fluctuations throughout the analyzed period. The total output figures increased at an average annual rate of +X%. The growth pace was the most rapid in 2014, when the output figure increased by +X% from the previous year level. Over the period under review, the global linseed oil production attained its maximum volume of X thousand tonnes in 2012. From 2013 to 2015, the total linseed oil output growth failed to regain its strength.
Over the analyzed period, an increase in global linseed oil production was primarily driven by disposable income growth, popularity of healthy eating, and production of medical care and personal care goods. Furthermore, these key drivers are expected to continue promoting the linseed oil output in the immediate term.
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Source: IndexBox AI Platform
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